Everyone keep in mind - flipping him in no way precludes them from signing him next summer. He will be an unrestricted free agent, so the team will have the same chance at signing him whether he is here after the trade deadline or not.

And since the quote specifically says he won't be looking to re-sign him until next summer, that tells me there is no interest in an extension, and therefore Colangelo is even more likely to look to trade him to a contender somewhere - give him the chance to compete (and probably in a warm client) and bring him back next summer.